A leading member of the CyberStars®, Linda DeVlieg, ABR, ePro, Cyberstar, has long been a market leader in Albuquerque due to her commitment to serving customers and clients and her use of technology to meet the needs of today’s consumer. DeVlieg’s emphasis on her real estate Web site as a top consumer resource and on using technology for effective communication and service has made her achieve over 100 Million Dollars in home sales

ALBUQUERQUE HOME SELLER TIPS

Monday, October 08, 2012

REAL ESTATE FAQ'S

What is a 'lease purchase'?

A lease purchase is a two-portion contract. You agree to buy the house after a period of time where you live in the property, agree on a purchase price, and deposits, with a secondary contract that addresses the terms of the 'lease' period.

Is it a good way to buy?

It depends on what your goals are. To find a seller who offers their Albuquerque home for sale as a lease purchase narrows your choices. Also, you might lose your deposit if you don't close on the property according to the terms of the purchase agreement.

For more in-depth information about this type of purchase, or for any other question that you might have, either contact me directly, or simply post your question below.